308 Cardinal DrPort LavacaTX77979
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Port Lavaca at 308 Cardinal Dr, Port Lavaca, TX, 77979 offers a 4.51% rental yield on a $303,000 purchase with $1,138/mo rent. 76% in year one. Equity gained on principal adds $1,955/yr while 5% annual appreciation supports $83,713 over five years. Portfolio math shows five-year ROI at 38.95% and total cumulative return in cash at $39,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,138/mo property income against a $1,483/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,582 (100%) |
| Owner Occupied HU | 4,338 (57.2%) |
| Renter Occupied HU | 1,774 (23.4%) |
| Vacant Housing Units | 1,470 (19.4%) |
| Median Home Value | $157,511 |
| Average Home Value | $203,426 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
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Listed by: Delia Rodriguez • RE/MAX Land & Homes on the Bay
Mls Name: HAR
Mls ID: #96122313